You bought a house 8 years ago with a $250,000 mortgage. It was a 15 year loan with monthly payments which will pay off the loan when you make the last payment. The interest rate was 6%. What is your monthly payment?
Complete the ammortization table to answer the following questions.
What is your current loan balance?
	Month	Beginning Balance
	1	$250,000
How much interest will you pay in the upcoming year?	2
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